GX_GR851
Springfield, IL      Fri   Apr 15, 2005     USDA-IL Dept Ag Market News

**** The National Market News Molasses report was terminated April 15, 
2005 due to lack of industry cooperation in providing trade 
information.****

National Molasses Report

The Houston area prices were steady to 9.00 higher from the previous report.  
Domestic and international supplies are light to moderate.  Most pasture in good 
to excellent condition throughout the country.  Supplements continue to be 
limited as cow calf producers utilize pastures.  Current feed yard demand and 
usage is moderate.  However, as cattle are pulled off wheat pastures and taken 
to feed yards supplement demand will begin increasing.  As molasses prices 
continue to rise producers look at alternative supplement additives.   

Type and Market Area       As of Noon:          Previous Report     Last Year
                           04/15/2005             04/01/2005        04/19/2004
Cane Blackstrap-                                                       
 New Orleans               no quote                no quote        52.50-55.00 
 Houston                 109.00-112.50           100.00-112.50     60.00       
                      mostly 110.00-112.50  mostly 107.00-112.50
South Florida             no quote                no quote         62.50 

1/ Per ton prices are based on 171 gallons for blackstrap molasses. To
compute cents per gallon prices on cane molasses divide dollars per ton by
171 gallons ($ per ton divided by 171 gallons = cents per gallon). Ton- 
2,000 lbs; Gallon= U.S. gallon.

2/ Above prices reflect both contract and spot prices from the previous 15 days.

**** The National Market News Molasses report was terminated April 15, 
2005 due to lack of industry cooperation in providing trade 
information.****

Source:  USDA-IL Dept of Ag Market News Springfield, IL 217-782-4925 
         www.ams.usda.gov/mnreports/GX_GR851.txt

1200c    krh







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